Is it safe to store coins in the telegram wallet?

[bayu7adi]

I think telegram wallet is safe and we can more safe it by verification and we can use 2fa. We know internet base any wallet and other important documents are not fully safe but we can take care on it and we can try to safe it.

Usually, Telegram wallets are custodial and everything related to security is private. We do get the convenience of accessing the wallet, but until now I believe more in non-custodial wallets where the responsibility for assets is more on the asset owner, not the wallet manager.

In my opinion, Telegram has too many weaknesses in securing money, such as the phone number we use to register for Telegram, it could be a loophole to access our wallet. I can't trust large amounts of assets to a Telegram wallet.

I am using telegram wallet it has been near about one years but any kinds of risk i could not feel. And i hold huge money on it but still now it safe and comfortable. I my thinking telegram wallet is safe.

What coins do you store? and what telegram wallet do you use?

[bitterguy28]

In my opinion, Telegram has too many weaknesses in securing money, such as the phone number we use to register for Telegram, it could be a loophole to access our wallet. I can't trust large amounts of assets to a Telegram wallet.

i think a lot can relate that we only started using telegram wallet because of the many projects in telegram a lot of airdrop projects mainly memecoins require for telegram wallet so that is where they can distribute tokens but that’s not where i put most of my funds in

What coins do you store?

like i said it’s mostly memecoins but i also do not hold them for long there as i transfer them to exchanges or sell them once the project is listed i trust it to be safe enough but not too much

[bounceback]

like i said it’s mostly memecoins but i also do not hold them for long there as i transfer them to exchanges or sell them once the project is listed i trust it to be safe enough but not too much

Your ideas is excellent, its more secure with our assets when storing any coins with Ton network on telegram wallet have ready with P2P feature then withdrawal to CEX exchange already for listing that coins. I have trouble with tele wallet last week when receiving DOGS airdrop, submit KYC but rejected and not available for using P2P feature there and only withdraw trough wallet address with higher fees transaction.
I think not recommended using telegram wallet for storing any coins there, better buy on CEX exchange already listing TON coins meme because very secure with your assets avoid if failed KYC or loss access with telegram account.

[Dr.Bitcoin_Strange]

like i said it’s mostly memecoins but i also do not hold them for long there as i transfer them to exchanges or sell them once the project is listed i trust it to be safe enough but not too much

Your ideas is excellent, its more secure with our assets when storing any coins with Ton network on telegram wallet have ready with P2P feature then withdrawal to CEX exchange already for listing that coins. I have trouble with tele wallet last week when receiving DOGS airdrop, submit KYC but rejected and not available for using P2P feature there and only withdraw trough wallet address with higher fees transaction.
I think not recommended using telegram wallet for storing any coins there, better buy on CEX exchange already listing TON coins meme because very secure with your assets avoid if failed KYC or loss access with telegram account.

As a matter of fact, the only thing that is making telegram wallet popular these days is the trend of all the numerous play to earn games on telegram, such as the Nutcoin, Dogs, Hamster, and their likes. If those projects didn't come to light, I don't believe that anyone would have even grow the interest to come on telegram and start storing their asset on the telegram app. The truth is that telegram is a social channel and the inbuilt wallet it has is not a self-custodial wallet and therefore I don't see it to be very safe for anyone that is thinking of holding a huge amount of coins with it.

[joniboini]

I am using telegram wallet it has been near about one years but any kinds of risk i could not feel. And i hold huge money on it but still now it safe and comfortable. I my thinking telegram wallet is safe.

What coins do you store? and what telegram wallet do you use?

Honestly, regardless of what coins or apps they used on Telegram, I don't think using "I never feel insecure about it" is a good standard to select your wallet. There are too many cases where people lost their money because they cheapen out on security, or dismiss any security concern because they never experienced it. I still remember Atomic case where people suddenly lose their money even though there's no signs about the wallet scamming them.

[lepbagong]

like i said it’s mostly memecoins but i also do not hold them for long there as i transfer them to exchanges or sell them once the project is listed i trust it to be safe enough but not too much

Your ideas is excellent, its more secure with our assets when storing any coins with Ton network on telegram wallet have ready with P2P feature then withdrawal to CEX exchange already for listing that coins. I have trouble with tele wallet last week when receiving DOGS airdrop, submit KYC but rejected and not available for using P2P feature there and only withdraw trough wallet address with higher fees transaction.
I think not recommended using telegram wallet for storing any coins there, better buy on CEX exchange already listing TON coins meme because very secure with your assets avoid if failed KYC or loss access with telegram account.

As a matter of fact, the only thing that is making telegram wallet popular these days is the trend of all the numerous play to earn games on telegram, such as the Nutcoin, Dogs, Hamster, and their likes. If those projects didn't come to light, I don't believe that anyone would have even grow the interest to come on telegram and start storing their asset on the telegram app. The truth is that telegram is a social channel and the inbuilt wallet it has is not a self-custodial wallet and therefore I don't see it to be very safe for anyone that is thinking of holding a huge amount of coins with it.

You are right, telegrams started to be popular and liked it after the emergence of gift airdrops, so that more and more people joined the airdrop and after that they definitely had to connect to telegram first.
to meet the needs of storing gifts, of course, a wallet is needed and a telegram also makes one and, until now, many have been connected to the telegram wallet. I think there is no problem to be afraid of because a telegram is very good and is able to protect. It wallet. It all depends on the user himself whether he is able to maintain the wallet properly.

[erus]

I don't want to seek loss for myself because the Telegram wallet is not fully controlled by us, I also only see this Telegram wallet as a regular software wallet but the private key is not given to Telegram users. This is dangerous because our wallet control is not our own but there is a third party. Cmiiw

[JoyMarsha]

Anyone who understands how secure a crypto wallet should be wouldn't like to use a telegram wallet as a means to store their crypto assets.

The uprising of telegram wallets in use is because of the mined coins through phones. Those who use the telegram wallet mainly to store their mined coins. For anyone using it to store their altcoins, will have themselves to blame because why the telegram wallet was included in the telegram was for easy storage of mined coins, not for use of storing altcoins.

[MRY]

I don't want to seek loss for myself because the Telegram wallet is not fully controlled by us, I also only see this Telegram wallet as a regular software wallet but the private key is not given to Telegram users. This is dangerous because our wallet control is not our own but there is a third party. Cmiiw

You are right, When we using a Telegram wallet it is accompanied with extra risks since the private key is not handed out to the user. What this ultimately means is that full autonomy of your crypto assets is not wholly possessed by the individual, but is under the discretion of a third party. Thus, it will be safer to store your investments in a software or hardware wallet that provides you with the possibility to manage your private keys. In this way one can be more sure that the assets are secured and all the control is in one’s own hand. It is always important to have sound judgement when selecting a platform to perform your crypto investments that give security and control aspects.

[Asiska02]

I don't want to seek loss for myself because the Telegram wallet is not fully controlled by us, I also only see this Telegram wallet as a regular software wallet but the private key is not given to Telegram users. This is dangerous because our wallet control is not our own but there is a third party. Cmiiw

Once it involves a third party and you’re not given the private keys to your wallets, it is already a red flag to stay away from such wallets as it may pose an high risk to your savings there. Telegram is already a third party service and if they integrate a wallet of their own in the system, it is already third party inclined and there’s no way you can avoid your funds been controlled by them. One of the thing I always look into when it comes to telegram wallet is that, once you lose access to your account, you’ve automatically loss access to your wallets and the funds in them. This is not even about losing the password to your account, but also when your account is reported for violating some rules or even hacked by someone. It is not a safe place for me to store money.

[Aanuoluwatofunmi]

The use of telegram wallet is not what is bad to do, but how we could safely secure our assets from whichever path taken to have our asset, if you are not going to leave your wallet vulnerable for an attack, then its a good idea to make use of the telegram wallet despite being an online wallet, but when you're using a non custodial wallet and still remain careless about your keys or how you handle it, others may take advantage on that to scam you.

[Cantsay]

Having different opinions about the same topic is a crazy thing to do.

I remember reading your post where you claim that telegram wasn’t safe due to scams and also the fact that if one doesn’t possess the key to a wallet then automatically it means that they don’t own that wallet - but it seems like you have forgotten about all of these and moved to “securing the wallet” as a main factor here. If you like you secure your telegram wallet as best as you can if you don’t have the private key you still won’t be able to do shit when the attack is direct on telegram and not just your devices so it won’t do any good if one keeps their account safe and then still uses a wallet that they don’t have full control over that wallet.

Its not a safe practice for us to store our coins on telegram, if we can recall well on how many have been scammed on this same telegram and how this same platform has been a center of concentration for the use of related fraud, it wont be advisable if we cherish on what we have to remain on the telegram wallet, the slogan not your keys not your coins really works perfectly in situations like this.

The use of telegram wallet is not what is bad to do, but how we could safely secure our assets from whichever path taken to have our asset, if you are not going to leave your wallet vulnerable for an attack, then its a good idea to make use of the telegram wallet despite being an online wallet, but when you're using a non custodial wallet and still remain careless about your keys or how you handle it, others may take advantage on that to scam you.

[kai]

My assumption just by reading the thread title, it is clear that the safest way to store coins is in a personal wallet, such as Truswallet. But many also say that software wallets are not safe and that the safer ones are Hardware wallets.
Unfortunately, I don't have the money to store coins and buy a Hardware wallet.
If we store coins in a Telegram wallet, the results are very dangerous because we don't fully control our wallet, the comparison might be like this:

Telegram wallet : Easy Safety -> free install -> playstore

Trust wallet : Medium Safety -> free install -> playstore

Hardware wallet : Super Safety -> paid install -> more than $100

[macson]

i noticed that the security of the Telegram wallet is quite good, but to keep the tokens you have in your Telegram wallet safe, you need to -

take very good care of the smartphone you are using,
don't let other people access your smartphone easily and
never download untrusted files (avoid viruses and malware)

[bayu7adi]

i noticed that the security of the Telegram wallet is quite good, but to keep the tokens you have in your Telegram wallet safe, you need to -

take very good care of the smartphone you are using,
don't let other people access your smartphone easily and
never download untrusted files (avoid viruses and malware)

Telegram is identical to internet connection, maybe right now there are not so many big cases that make Telegram wallet have a bad image... however, something that is always connected to the internet makes it a little vulnerable in terms of security... no one guarantees that it is 100% good, so storing large amounts on Telegram wallet, I can't recommend it... the reasonable amount is an amount that is even smaller than our free money, or maybe it is suitable for airdrop transaction purposes only, that's better.